Yahoo Finance’s Francisco Velasquez reports:

Read more here.

Workday (WDAY) reported rising earnings that beat estimates on Tuesday, but the stock was down roughly 6% in after-hours trading, as the subscription revenue guidance boost wasn’t as large as investors were hoping for.

The company posted earnings per share of $0.94, vs. analyst estimates of $0.87 per share.

Workday recorded $2.432 billion in total revenue during the quarter, including $2.24 billion in subscription revenue. The Street was expecting total revenue to be $2.417 billion.

Its total order backlog increased 17% year over year to $25.96 billion.

For the fourth quarter ending in January, Workday expects subscription revenue of $2.35 billion. The company also updated its full-year fiscal 2026 outlook slightly, guiding for subscription revenue of $8.82 billion, representing growth of 14.4%, compared to its previous guidance of $8.81 billion.

Listen to the earnings call here.

Cloud security provider Zscaler (ZS) reported an earnings and revenue beat for its fiscal first quarter, but the stock was under pressure due to the company’s operating loss and a weaker-than-expected full-year profit outlook.

Zscaler’s net loss per share was $0.07, compared to a loss of $0.11 estimated by analysts, according to S&P Global Market Intelligence. Revenue came in at $788.1 million, an increase of 26% year over year, compared to $773.8 million estimated.

Operating losses increased year over year to $36.3 million during the quarter from $30.6 million a year ago.

For the fourth quarter, Zscaler expects to bring in revenue of $797 million to $799 million. For the full year, the company sees revenue of approximately $3.282 billion to $3.301 billion and net income per share of $3.78 to $3.82. For that last metric, Wall Street was expecting full-year earnings of $4.00 per share.

The stock dropped over 6% in after-hours trading as the earnings call got underway.

You can listen to the earnings call live here.

Dell (DELL) stock fell less than 1% in extended trading after the company slightly missed Wall Street’s revenue estimates but issued fourth quarter financial guidance above expectations.

From Reuters:

Read more here.

Chinese EV maker NIO (NIO) reported it delivered 87,071 vehicles in the third quarter of 2025, marking a 40.8% increase year over year as competition in China’s EV market has intensified among NIO, XPeng (XPEV), Tesla (TSLA), and others.

Despite posting strong October deliveries and a smaller loss per share than expected, NIO shares fell more than 1% ahead of the opening bell.

NIO reported a loss per share of 1.51 yuan ($0.21) in the September quarter, a shallower loss than the 1.64 yuan ($0.23) loss per share analysts expected. The company’s revenue of 21.79 billion yuan ($3.07 billion) came in a bit lighter than estimates for 22.29 billion yuan ($3.14 billion).

“The strong momentum was driven by the all-around competitiveness of our NIO, ONVO, and FIREFLY brand offerings, which continue to resonate with users across their respective market segments,” NIO CEO William Bin Li said. “We are working closely with supply chain partners to ramp up production and expect total deliveries in the fourth quarter to reach between 120,000 and 125,000 units, reflecting a year-on-year increase of 65.1% to 72.0% and setting a new quarterly record.”

Listen to a replay of the company’s earnings call here.

Dick’s Sporting Goods (DKS) stock fell after the company reported its first quarterly results since acquiring Foot Locker.

Shares fell 2% in premarket trading after the sporting goods retailer reported GAAP earnings per diluted share of $2.07, compared to estimates of $2.71, according to S&P Global Market Intelligence.

Dick’s Sporting Goods also raised its full-year earnings guidance to a range of $14.25 to $14.55, up from $13.90 to $14.50 previously.

In the third quarter, same-store sales increased 5.7% year over year during the quarter. But the company’s cost of goods sold also rose as the company increased inventories and completed its Foot Locker acquisition.

Abercrombie & Fitch (ANF) stock surged over 18% in premarket trading after strong sales at the company’s Hollister brand lifted earnings.

The retailer reported earnings per share of $2.36, compared to analysts’ estimates of $2.16, according to S&P Global Market Intelligence. Net sales reached $1.29 billion, also above estimates for $1.27 billion.

Overall, same-store sales rose 3% year over year, driven by a 15% sales increase for the Hollister brand and a 7% sales decline for Abercrombie.

“We achieved three years of consecutive quarterly sales growth, delivering record third quarter net sales, with 7% growth to last year,” CEO Fran Horowitz said in the release. “Hollister brands grew 16% on a strong finish to back-to-school and fall seasonal transition. Abercrombie brands made sequential progress in-line with our expectations, and we are tightly managing inventory as we aim for fourth quarter brand net sales to be approximately flat to last year’s record.”

The company raised the lower end of its full-year outlook for net sales growth to a range of 6% to 7%, while net income per diluted share is expected to come in at $10.20 to $10.50. Previously, the company saw net sales growing 5% to 7% and net income in a range of $10.00 to $10.50.

From Reuters:

Read more here.

Zoom (ZM) stock bounced 3% higher in extended trading on Monday after the communications software company beat earnings expectations, raised its annual outlook, and increased its stock buyback authorization by $1 billion.

Here’s what Zoom reported for the third quarter, compared to estimates compiled by S&P Global Market Intelligence.

Zoom CEO Eric Yuan noted that customers’ adoption of the company’s AI offerings continues to expand, something investors were watching going into the report, along with AI monetization.

“Zoom is continuing to build on our vision of an AI‑first platform that helps people connect and collaborate more seamlessly,” Yuan said. “This quarter we announced AI Companion 3.0, and we’re thrilled to see AI Companion adoption grow meaningfully. We’re also seeing strong momentum with Custom AI Companion and our AI‑first Customer Experience suite, which helped make this one of our best CX quarters, with broad AI adoption across major deals.”

Zoom also raised its financial outlook slightly. The company now expects total revenue for the year between $4.852 billion and $4.857 billion, compared to its prior guidance of between $4.825 billion and $4.835 billion.

The company also raised its earnings per share guidance to a range of $5.95-$5.97 from $5.81-$5.84 previously.

With nearly all S&P 500 (^GSPC) companies’ third quarter earnings reports logged, the index is tracking for an earnings growth rate of 13.4%, according to FactSet’s John Butters. While 83% of companies have reported a positive earnings surprise, it’s the revenue growth in Q3 that stands out.

Butters notes that S&P 500 companies are reporting the highest revenue growth rate in three years.

If it holds, the S&P 500’s current blended revenue growth rate of 8.4% in Q3 would be the highest mark since Q3 2022, when the index posted a revenue growth rate of 11%.

The Health Care, Financials, and Consumer Discretionary sectors have led the revenue growth trend, with companies such as Cardinal Health (CAH), Morgan Stanley (MS), Ford (F), Amazon (AMZN), and Tesla (TSLA), among many others, contributing significantly.

At the same time, earnings growth has slowed for the tech highfliers that have led the markets.

Now that Nvidia (NVDA), the last of the “Magnificent Seven” companies to report earnings, has issued its quarterly release, Butters writes that the Magnificent Seven reported earnings growth of 18.4% for the third quarter.

That’s the lowest earnings growth rate for this group of stocks (Apple (AAPL), Alphabet (GOOGL, GOOG), Microsoft (MSFT), Amazon, Meta (META), Tesla, and Nvidia) since Q1 of 2023.

“The weaker performance relative to analyst expectations and the lower earnings growth rate for the ‘Magnificent 7’ companies are mainly due to the negative EPS surprise reported by Meta Platforms ($1.05 vs. $6.72) for Q3,” Butters explained.

“Despite the lower growth rate relative to recent quarters, four of the ‘Magnificent 7’ companies (NVIDIA, Alphabet, Amazon.com, and Microsoft) are among the top seven contributors to earnings growth for the S&P 500 for the third quarter.”

Gap (GAP) stock climbed more than 9% in midday trading Friday as investors cheered on a strong quarter from the apparel company.

In an interview with Yahoo Finance, Gap CEO Richard Dickson described the company’s latest quarterly performance as a “playbook” that’s working.

Yahoo Finance’s Francisco Velasquez reports:

Read more here.

Gap (GAP) stock popped in extended trading after the apparel company topped earnings expectations and delivered an upbeat outlook.

The retailer reported earnings per share of $0.62, which surpassed estimates, and $3.9 billion in revenue as same-store sales grew 5% year over year. Wall Street was expecting $3.9 billion in revenue and $0.59 per share in earnings, according to S&P Global Market Intelligence.

Gap’s three core brands — the namesake Gap brand, Old Navy, and Banana Republic — showed strength during the quarter, while athleisure brand Athleta was the clear laggard. Same-store sales at Gap rose 7% year over year, sales at Old Navy rose 6%, and sales at Banana Republic rose 4%. Athleta’s same-store sales, meanwhile, dropped 11%, as Gap said it’s applying a “reinvigoration playbook” to the brand.

Gap also raised the lower end of its full-year revenue forecast. It now sees 1.7% to 2% top-line growth, up from its previous guidance of 1% to 2%.

“The strength of our third quarter and quarter-to-date performance positions us well for the holiday selling season and gives us the confidence to increase our full year net sales outlook to the high end of our prior guidance range and raise our full year operating margin outlook,” CEO Richard Dickson said in a statement.

Intuit (INTU) stock modestly rose after hours following top- and bottom-line beats in its fiscal first quarter earnings report.

Profits grew to $1.59 per share on revenue of $3.9 billion. Analysts were expecting a earnings per share of $1.26 on revenue of $3.7 billion, according to S&P Global Market Intelligence.

Intuit also forecast better-than-expected fiscal second quarter revenue growth, a positive signal about its artificial intelligence-powered finance software offerings.

Reuters reports:

Read more here.

Bath & Body Works (BBWI) stock was hammered in late morning trading, falling over 23%, after the company cut its forecast and its new CEO acknowledged that the specialty personal care retailer is in need of some changes.

In the third quarter, net sales declined 1% year over year to $1.59 million, missing Wall Street’s estimates for $1.63 million in net sales, according to S&P Global Market Intelligence. Earnings per share of $0.37 also declined year over year and fell short of expectations for $0.39 per share.

The seller of soaps and body lotions also said it doesn’t expect much improvement this year, due to negative consumer sentiment. The company said it expects Q4 sales to be down in the high single digits versus last year. It also lowered its full-year net sales profit to a decline of low single digits from growth of 1.5% to 2.7% previously.

Full-year earnings per share are now expected to be at least $2.83. The Street was looking for guidance of $3.33.

On the company’s earnings call, Bath & Body Works CEO Daniel Heaf, who joined the company in May, said Bath & Body Works failed to adapt to changing consumer preferences and outlined a plan to turn the company around over the next couple of years, emphasizing that the strategic reset will take “time and focus.”

“Over the years, consumers have evolved,” Heaf said on the earnings call. “They seek greater efficacy, ingredient-led products, modern packaging, … storytelling, and elevated multichannel experiences. Our competitors have risen to meet those needs. We have not.”